Catholic Health System Of Long Island
- Assets
- $580.3m
- Revenue
- $30.5m
- Investments
- $0.0
- Employees
- 12
- Location
- Rockville Centre, NY
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 11-3403968
Organization Overview
Catholic Health System Of Long Island, operating under the name Catholic Health, is located in Rockville Centre, NY. The organization was established in 0000. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 12/2021, Catholic Health employed 12 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Catholic Health is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Catholic Health generated $30.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $36.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Catholic Health has awarded 117 individual grants totaling $336,095,688. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE, AT CH, HUMBLY JOIN TOGETHER TO BRING CHRIST'S HEALING MISSION AND THE MISSION OF MERCY OF THE CATHOLIC CHURCH EXPRESSED IN CATHOLIC HEALTH CARE TO OUR COMMUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CATHOLIC HEALTH PROMOTES THE EFFICIENT GOVERNANCE AND MANAGEMENT OF THE SUPPORTED ORGANIZATIONS. IN ADDITION, CH'S COOPERATIVE PLANNING AND EFFICIENT USE OF RESOURCES ASSISTS THE SUPPORTED ORGANIZATIONS TO ACHIEVE THEIR RESPECTIVE AND COLLABORATIVE GOALS.
SUPPORTING AND STRENGTHENING THE MINISTRIES OF THE DIOCESE OF ROCKVILLE CENTRE.
SUPPORTING AND STRENGTHENING THE MINISTRIES OF THE CH HEALTH SYSTEM AND RELATED ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Debarba Evp & CFO | Officer | 50 | $2,785,285 |
Alan D Guerci MD President & CEO Thru 6/30/21 | OfficerTrustee | 50 | $2,194,532 |
Dennis Verzi Evp & COO | Officer | 50 | $2,090,376 |
Patrick O'shaughnessy President & CEO As Of 4/16/21 | OfficerTrustee | 50 | $1,561,701 |
Anthony Pellicano SVP Chief Hr Officer | 50 | $1,157,373 | |
Tracy Miller Evp & General Counsel | 50 | $861,830 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Conifer Value Based Care Llc Advisory Services | 12/30/21 | $959,670 |
Agw Parent Llc Consulting Services | 12/30/21 | $435,632 |
Nixon Peabody Llp Legal Services | 12/30/21 | $254,635 |
Ernst Young Auditing Services | 12/30/21 | $240,000 |
Ropes Gray Legal Services | 12/30/21 | $210,237 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $956,000 |
| Government grants | $443,478 |
| All other contributions, gifts, grants, and similar amounts not included above | $320,386 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,719,864 |
| Total Program Service Revenue | $26,627,756 |
| Investment income | $1,918,154 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $184,645 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,450,419 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $956,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $9,839,037 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,006,712 |
| Pension plan accruals and contributions | $191,416 |
| Other employee benefits | $5,107,801 |
| Payroll taxes | $321,325 |
| Fees for services: Management | $2,134,312 |
| Fees for services: Legal | $2,404,872 |
| Fees for services: Accounting | $1,025,004 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $163,987 |
| Advertising and promotion | $2,000 |
| Office expenses | $535,938 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $127,899 |
| Travel | $27,020 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,531,562 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $73,699 |
| Insurance | $24,239 |
| All other expenses | $3,642,913 |
| Total functional expenses | $36,115,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,887,755 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,654,612 |
| Net Land, buildings, and equipment | $268,301 |
| Investments—publicly traded securities | $468,278,501 |
| Investments—other securities | $0 |
| Investments—program-related | $10,084,838 |
| Intangible assets | $9,469,424 |
| Other assets | $86,664,950 |
| Total assets | $580,308,381 |
| Accounts payable and accrued expenses | $16,058,748 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $88,986,361 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $212,607,963 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $314,959,349 |
| Total liabilities | $632,612,421 |
| Net assets without donor restrictions | -$52,615,887 |
| Net assets with donor restrictions | $311,847 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $580,308,381 |
Grants Awarded
Over the last fiscal year, Catholic Health System Of Long Island has awarded $905,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
DIOCESE OF ROCKVILLE CENTRE - CATHOLIC MINISTRIES | | | $750,000 |
Hempstead, NY | | $25,000 |
Rockville Centre, NY | | $25,000 |
Rosedale, NY | | $25,000 |
HELP DIOCESE KIKWIT ZAIRE | | | $20,000 |
San Dimas, CA | | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Catholic Health System Of Long Island has recieved totaling $4,500,695.
| Awarding Organization | Amount |
|---|---|
Mother Cabrini Health Foundation New York, NY PURPOSE: GOOD SAMARITAN MOTHER-BABY MODERNIZATION | $1,100,000 |
Mother Cabrini Health Foundation New York, NY PURPOSE: GOOD SHEPHERD HOSPICE EMR PLATFORM | $1,000,000 |
Mother Cabrini Health Foundation New York, NY PURPOSE: MERCY HOSPITAL PRE-SURGICAL TESTING RENOVATION | $1,000,000 |
Mother Cabrini Health Foundation New York, NY PURPOSE: CATHOLIC HEALTH MEDS TO BEDS | $296,605 |
St Francis Hospital Roslyn, NY PURPOSE: OUTPATIENT CENTERS | $286,323 |
Mother Cabrini Health Foundation New York, NY PURPOSE: CATHOLIC HOME CARE TELEHEALTH REMOTE PATIENT MONITORING SYSTEM | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hearthstone Senior Communities Inc Bala Cynwyd, PA | $23,952,064 | $83,448,118 |
Albert Einstein Healthcare Network Philadelphia, PA | $101,892,525 | $75,155,441 |
Northwell Health Foundation Westbury, NY | $461,901,470 | $139,689,097 |
Penn Highlands Healthcare Dubois, PA | $174,985,367 | $81,650,655 |
Childrens Orthopaedic Surgery Foundation Inc Boston, MA | $150,881,893 | $69,430,775 |
Good Shepherd Rehabilitation Network Allentown, PA | $439,427,307 | $71,655,842 |
Boston Childrens Heart Foundation Boston, MA | $101,329,197 | $54,530,838 |
Catholic Health System Of Long Island Rockville Centre, NY | $580,308,381 | $30,450,419 |
United Breast Cancer Foundation Inc Huntington, NY | $11,258,240 | $32,891,411 |
Chmc Surgical Foundation Inc Boston, MA | $73,400,034 | $31,940,359 |
Cancer Research Fund Of The Damon Runyon-Walter Winchell Foundation New York, NY | $175,580,654 | $20,562,891 |
Doylestown Health Foundation Doylestown, PA | $88,236,207 | $10,269,180 |